Dorchester Minerals Q1 net income $28.1M, EPS $0.71 vs $0.80 YoY

DORCHESTER MINERALS, L.P.

Net income for Q1 2023 was $28,070,000 ($0.71 per unit), down from $30,624,000 ($0.80) a year ago.
Operating revenues of $40,167,000 were essentially flat year-over-year ($40,401,000 in Q1 2022).
First quarter cash distribution of $0.989656 per unit declared, payable May 11, 2023 to holders of record May 1.
Partnership noted cash distributions are not comparable to net earnings due to timing differences including depletion.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

DORCHESTER MINERALS, L.P. reported the quarter ended March 31, 2023 results: revenue $40,167,000, net income $28,070,000, EPS $0.71 per common unit.

Period: the quarter ended March 31, 2023
Revenue: $40,167,000
Net income: $28,070,000
EPS: $0.71 per common unit
Result: reported results

Exact text from the filing

Three Months Ended March 31, 2023 2022 Operating Revenues $ 40,167,000 $ 40,401,000 Net Income $ 28,070,000 $ 30,624,000 Net Income Per Common Unit $ 0.71 $ 0.80

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DORCHESTER MINERALS, L.P. filing history →

Source: SEC EDGAR

accession 0001437749-23-012540

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